Is 03840, NH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 03840 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 03840 has remained a Seller's Market.

Key Takeaway

03840 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 03840, NH

How much do homes in 03840, NH cost?

Median Sold Price

$699,000

$334/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$168,900(+31.9%)

Key Takeaway

Homes in 03840 have sold for 31.9% more than they did a month ago.

Summary: The median home sold price in 03840 was $699,000 in November 2024, up 31.9% from last month, and the median price per square foot was $334.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $699.9K$625K
-10.7%
3 $427.5K$550K
+28.6%
4 $740K$1.1M
+53.4%
5+ -$612.5K
N/A

Summary: 03840 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 53.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

03840
+31.9%
03862
+19.9%
03885
+14.7%
03801
-4.1%
03870
-57.0%

Housing Supply in 03840, NH

How many homes are available in 03840, NH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2119-9.5%

Summary: The 03840 real estate market had 19 homes for sale in November 2024, a 9.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 67
+16.7%
4 86
-25.0%
5+ 11
0.0%

Summary: The 03840 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 03840, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 03840 in November 2024, up by 80.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.

Days on Market for 03840, NH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 03840, NH

Nearby Markets to 03840, NH